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<br />4.. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />, <br /> <br />Water and Power Authority Bond Issues <br /> <br />A summary of bonds issued by the Colorado Water Resources and Power Development <br />Authority during the last twelve months is shown in Table 3 for purposes of comparison. <br />The last column in the table, 20- Y ear Loan Rates, is the lending rate for loans made from <br />the funds obtained in each bond issue. For the Authority's Drinking Water Revolving <br />Fund and Water Pollution Control Revolving Fund, the lending rate is typically 80 <br />percent of the yield on the bonds. <br /> <br />Table 3. Colorado Water Resources and Power Development Authority Bond Issues <br />for the Period October 1998 to October 1999 (1) <br /> <br />iW'}i;' ~"~-~--rr:,.y;(V --- - --- - ~rr - l -&If(jtJ.~ --~~--J7;....{:-"""r-- ::;;)~ff-- uT~-:-r~-,,~ <br />{~t"il';&' "fij,,' . u.t, t <br />. I~,!U""" ~ <br /> <br />May 99 DrinkingWater <br />Revenue Bonds <br />1999 Series A <br /> <br />.. $46,855,000 <br /> <br />AaaJAAAJ <br />AAA <br /> <br />2019 <br /> <br />4.69% <br /> <br />3,80% <br /> <br /> <br />(I) Data provided by the staff of the Water and Power Authority. <br /> <br />Recommendation <br /> <br />Staff recommends that the Board adopt the schedule of30-year lending rates as shown in <br />Table I for all loans recommended to the General Assembly or approved by the Board in <br />the year 2000. Staff further recommends that, as in previous years, the 30-year lending <br />rate be reduced for each category of loans by one-quarter of one percent for all loans with <br />maturities of 20 years or less but more than I 0 years and by one-half of one percent for all <br />loans with maturities of 10 years or less. <br /> <br />Attachment <br /> <br />Cc: Linda Bassi, AGO <br />Dan Law, Water & Power <br /> <br />3 <br />